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Raymond E Westerman 1907 - 1994

Raymond E Westerman of Pleasant Hill, Contra Costa County, CA was born on September 14, 1907, and died at age 87 years old on November 15, 1994.

Raymond E Westerman
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Pleasant Hill, Contra Costa County, CA 94523
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September 14, 1907
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November 15, 1994
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Updated: November 13, 2011
Biography ID: 93137736 What's this
Raymond E Westerman Raymond Westerman (1907 - 1994)
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Raymond E Westerman's History: 1907 - 1994

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  • 09/14
    1907

    Birthday

    September 14, 1907
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    Unknown
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  • 11/15
    1994

    Death

    November 15, 1994
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    Raymond E Westerman lived 13 years longer than the average family member when died at the age of 87.
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In 1907, in the year that Raymond E Westerman was born, in October, over a 3 week period, the New York stock exchange fell almost 50% from the previous year's high mark. Public panic ensued and there were runs on banks since the U.S. was in the middle of a recession. J.P. Morgan offered his own fortune to back the banks and he was followed by other financiers. This temporarily shored up the banking system, stopping the immediate panic. All of this led to the creation of the Federal Reserve.
Did you know?
In 1934, when he was 27 years old, on June 6th, the U.S. Securities and Exchange Commission was formed as a response to the stock market crash of 1929 and the continuing Great Depression. Previously, the states regulated the offering and sales of stocks - called "blue sky" laws. They were largely ineffective. Roosevelt created a group (one member was Joseph Kennedy, father of the future President Kennedy) who knew Wall Street well and they defined the mission and operating mode for the SEC. The new organization had broad and stringent rules and oversight and restored public confidence in the stock market in the United States.
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Raymond E Westerman Sep 14, 1907 - Nov 15, 1994
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Other Biographies

Other Raymond Westerman Biographies

Westerman, Raymond (Mar 25, 1909 - Feb 7, 1995) Westerman, Raymond (Mar 28, 1918 - Feb 4, 2010) Westerman, Raymond (Jun 15, 1898 - Feb 20, 1991) Westerman, Raymond (Apr 20, 1926 - Dec 3, 2005)
Westerman, Raymond (Dec 3, 1910 - Sep 1977) Westerman, Raymond (Apr 26, 1923 - May 22, 1994) Westerman, Raymond (Mar 21, 1918 - Jan 18, 1994) Westerman, Raymond (Sep 12, 1918 - Aug 14, 1992)

Other Westerman Family Biographies

Westerman, Sabine (May 31, 1944 - Oct 8, 2004) Westerman, Susan (Aug 16, 1943 - Apr 16, 2007) Westerman, Shirley (Feb 22, 1918 - Mar 26, 2007) Westerman, William (Jul 22, 1931 - Apr 18, 2010) Westerman, Harry (Nov 19, 1904 - May 15, 1995) Westerman, Karen (Nov 9, 1948 - May 18, 2008) Westerman, Reba (May 28, 1901 - Jun 1972) Westerman, Hyman (Aug 27, 1909 - Oct 1979) Westerman, Jacob (Jan 28, 1907 - Sep 14, 1990) Westerman, Kurt (Dec 29, 1900 - Feb 1973)
Westerman, William (Apr 20, 1915 - Apr 30, 1992) Westerman, Bernard (Aug 4, 1923 - Jun 29, 2011) Westerman, Bella (May 4, 1902 - Sep 29, 1991) Westerman, Rose (Jul 1, 1895 - Jun 1986) Westerman, Frederick (Apr 6, 1916 - Nov 24, 2000) Westerman, Lincoln (Sep 8, 1935 - Sep 7, 2003) Westerman, Maurice (Aug 30, 1900 - Sep 1952) Westerman, Beatrice (Feb 4, 1919 - Aug 1974) Westerman, Sarah (Mar 15, 1906 - Apr 1982) Westerman, Aina (Jul 27, 1890 - Mar 1980)
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